LHYAX | High Yield Fund Class A | Lord Abbett

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High Yield Fund

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Daily price w/o sales charge as of 07/26/2024

$6.35

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YTD Returns w/o sales charge as of 07/26/2024

4.62%

Please click here for performance current to the most recent quarter-end and month-end.

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Summary

Summary

What is the High Yield Fund?

The Fund seeks to deliver current income and the opportunity for capital appreciation by investing primarily in high yield corporate bonds.
 

A HERITAGE OF HIGH YIELD

Brings a 40+ year history of high-yield investing, focused on fundamental, bottom-up credit research.

AN OPPORTUNISTIC APPROACH

Provides the flexibility to adjust to the market environment and take advantage of opportunities across the credit spectrum.

STRONG TRACK RECORD

Has offered a track record of strong performance versus peers in up and down markets, demonstrating the strength of this active approach as a core high-yield holding over a full market cycle.

Yield

Average Yield to Maturity as of 06/28/2024

8.51%

30-Day Standardized Yield 1 as of 06/30/2024  

6.93%

In absence of the fee waiver, yields shown would have been lower. Yields for other share classes will vary.

Yield to maturity (YTM) represents the expected total return on a bond (expressed as an annualized rate) based on the bond’s expected future cash flows, including coupon payments over the life of the bond and the bond’s principal value received at maturity.

Fund Basicsas of 06/28/2024

Total Net Assets
$3.61 B
Inception Date
12/31/1998
Dividend Frequency
Monthly
Fund Gross Expense Ratio
0.92%
Fund Net Expense Ratio
0.92%
Number of Holdings
718
Minimum Initial Investment
$1,500+

Fund Expense Ratio :

Gross 0.92%

Net 0.92%

YTD 1-YR 3-YR 5-YR 10-YR Since Inception 12/31/1998
w/o sales charge 3.12% 9.67% -0.19% 2.36% 3.57% 5.95%
Lipper Category Avg. High Yield Funds 2.78% 9.92% 1.37% 3.44% 3.51% -
ICE BofA U.S. High Yield Constrained Index 2.65% 10.53% 1.70% 3.75% 4.22% 6.21%
w/ sales charge 0.73% 7.23% -0.93% 1.90% 3.33% 5.86%

Fund Expense Ratio :

Gross 0.92%

Net 0.92%

Fund Expense Ratio :

Gross 0.92%

Net 0.92%

YTD 1-YR 3-YR 5-YR 10-YR Since Inception 12/31/1998
w/o sales charge 3.12% 9.67% -0.19% 2.36% 3.57% 5.95%
Lipper Category Avg. High Yield Funds 2.78% 9.92% 1.37% 3.44% 3.51% -
ICE BofA U.S. High Yield Constrained Index 2.65% 10.53% 1.70% 3.75% 4.22% 6.21%
w/ sales charge 0.73% 7.23% -0.93% 1.90% 3.33% 5.86%

Fund Expense Ratio :

Gross 0.92%

Net 0.92%

Returns with sales charges reflect a maximum sales charge of 2.25%.

The performance quoted represents past performance, which is no indication of future results. Current performance may be higher or lower than the performance data quoted. Returns shown include the reinvestment of all distributions. Returns shown at net asset value do not reflect the current maximum sales charge, had the sales charge been included, returns would have been lower. The investment return and principal value of an investment will fluctuate so that shares, on any given day or when redeemed, may be worth more or less than the original cost. Therefore, there can be no assurance for future results.

Type Assets
High Yield Bonds
Bank Loans
Equity
Convertibles
Investment Grade Bonds
Cash

The Fund's portfolio is actively managed and is subject to change. "Other" may include municipal bonds and non-index holdings.

Allocations are reported as of the date a security transaction is initiated; however, certain transactions may not settle until several days later. Accordingly, cash may appear as a negative allocation as a result of unsettled transactions.

Maturity Assets
Less than 1 year
1-3 years
3-5 years
5-7 years
7-10 years
Greater than 10 years

The Fund's portfolio is actively managed and is subject to change. "Other" may include municipal bonds and non-index holdings.

Credit Quality Distribution as of 06/28/2024 View Portfolio

Rating Assets
BBB
BB
B
<B
Not Rated

Ratings (other than U.S. Treasury securities or securities issued or backed by U.S. agencies) provided by Standard & Poor's, Moody's, and Fitch. For certain securities that are not rated by any of these three agencies, credit ratings from other agencies may be used. Where the rating agencies rate a security differently, Lord Abbett uses the average rating based on numeric values assigned to each rating. Ratings range from AAA (highest) to D (lowest). Bonds rated BBB or above are considered investment grade. Credit ratings BB and below are lower-rated securities (junk bonds). High-yielding, non-investment-grade bonds (junk bonds) involve higher risks than investment-grade bonds. Adverse conditions may affect the issuer's ability to pay interest and principal on these securities. A portion of the portfolio's securities may not be rated. Breakdown is not an S&P credit rating or an opinion of S&P as to the creditworthiness of such portfolio. Ratings apply to the credit worthiness of the issuers of the underlying securities and not the fund or its shares. Ratings may be subject to change.

INVESTMENT TEAM

Karen J. Gunnerson
Karen J. Gunnerson

Portfolio Manager

14 Years of Industry Experience

Supported By 64 Investment Professionals with 14 Years Avg. Industry Experience

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Performance

Performance

Average Yield to Maturity as of 06/28/2024

8.51%

30-Day Standardized Yield 1 as of 06/30/2024  

  Subsidized2 Un-Subsidized3
w/o sales charge 6.93% 6.93%

In absence of the fee waiver, yields shown would have been lower. Yields for other share classes will vary.

Fund Expense Ratio :

Gross 0.92%

Net 0.92%

YTD 1-YR 3-YR 5-YR 10-YR Since Inception 12/31/1998
w/o sales charge 3.12% 9.67% -0.19% 2.36% 3.57% 5.95%
Lipper Category Avg. High Yield Funds 2.78% 9.92% 1.37% 3.44% 3.51% -
ICE BofA U.S. High Yield Constrained Index 2.65% 10.53% 1.70% 3.75% 4.22% 6.21%
w/ sales charge 0.73% 7.23% -0.93% 1.90% 3.33% 5.86%

Fund Expense Ratio :

Gross 0.92%

Net 0.92%

Fund Expense Ratio :

Gross 0.92%

Net 0.92%

YTD 1-YR 3-YR 5-YR 10-YR Since Inception 12/31/1998
w/o sales charge 3.12% 9.67% -0.19% 2.36% 3.57% 5.95%
Lipper Category Avg. High Yield Funds 2.78% 9.92% 1.37% 3.44% 3.51% -
ICE BofA U.S. High Yield Constrained Index 2.65% 10.53% 1.70% 3.75% 4.22% 6.21%
w/ sales charge 0.73% 7.23% -0.93% 1.90% 3.33% 5.86%

Fund Expense Ratio :

Gross 0.92%

Net 0.92%

Returns with sales charges reflect a maximum sales charge of 2.25%.

The performance quoted represents past performance, which is no indication of future results. Current performance may be higher or lower than the performance data quoted. Returns shown include the reinvestment of all distributions. Returns shown at net asset value do not reflect the current maximum sales charge, had the sales charge been included, returns would have been lower. The investment return and principal value of an investment will fluctuate so that shares, on any given day or when redeemed, may be worth more or less than the original cost. Therefore, there can be no assurance for future results.

Year Fund Returns ICE BofA U.S. High Yield Constrained Index
2023 10.46% 13.55%
2022 -13.75% -11.16%
2021 6.15% 5.35%
2020 4.49% 6.07%
2019 15.07% 14.41%
2018 -5.15% -2.27%
2017 8.50% 7.48%
2016 15.84% 17.49%
2015 -2.26% -4.61%
2014 3.46% 2.51%
2013 9.69% -
2012 16.50% -
2011 3.15% -
2010 14.31% -
2009 50.51% -
2008 -23.42% -
2007 2.43% -
2006 9.94% -
2005 1.15% -
2004 10.42% -
Year Q1 Q2 Q3 Q4
2024 1.89% 1.21% - -
2023 2.69% 1.15% -0.44% 6.82%
2022 -5.43% -10.72% -1.48% 3.69%
2021 1.73% 3.11% 0.63% 0.57%
2020 -16.65% 10.72% 5.69% 7.13%
2019 7.50% 3.77% 0.28% 2.86%
2018 -1.07% -0.04% 2.54% -6.47%
2017 2.82% 1.98% 2.45% 1.00%
2016 2.01% 5.52% 5.46% 2.05%
2015 3.05% 0.86% -4.23% -1.81%
2014 2.92% 3.38% -1.83% -0.95%
2013 3.97% -1.03% 2.51% 3.99%
2012 6.63% 0.36% 5.06% 3.61%
2011 3.82% 1.07% -7.02% 5.73%
2010 4.93% -0.92% 6.33% 3.40%
2009 5.95% 17.32% 14.23% 6.01%
2008 -3.43% 1.99% -7.81% -15.68%
2007 2.98% 0.17% 0.48% -1.17%
2006 2.57% 0.01% 2.80% 4.27%
2005 -1.74% 1.49% 0.87% 0.56%
2004 1.07% -0.32% 4.34% 5.04%
2003 4.06% 8.25% 2.40% 5.41%
2002 1.51% -3.59% -3.78% 6.10%
2001 5.14% -1.67% -3.99% 6.15%
2000 -1.66% 0.99% 0.31% -2.65%
1999 3.43% -0.11% -0.81% 3.99%

Performance is shown for each quarter and each calendar year. Past performance is no guarantee of future results.

Growth of $10,000 as of 06/30/2024

The chart begins on the Fund's inception date of 12/31/1998.

Based on a hypothetical Class A share investment of $10,000 on 12/31/1998 without sales charge and includes the reinvestment of all distributions.

 

NAV Historical Prices

Date Net Asset Value

Portfolio

Portfolio

Rating Assets
High Yield Bonds
Bank Loans
Equity
Convertibles
Investment Grade Bonds
Cash

The Fund's portfolio is actively managed and is subject to change. "Other" may include municipal bonds and non-index holdings.

Allocations are reported as of the date a security transaction is initiated; however, certain transactions may not settle until several days later. Accordingly, cash may appear as a negative allocation as a result of unsettled transactions.

Rating Assets
Less than 1 year
1-3 years
3-5 years
5-7 years
7-10 years
Greater than 10 years

The Fund's portfolio is actively managed and is subject to change. "Other" may include municipal bonds and non-index holdings.

Credit Quality Distribution as of 06/28/2024

Rating Assets
BBB
BB
B
<B
Not Rated

Ratings (other than U.S. Treasury securities or securities issued or backed by U.S. agencies) provided by Standard & Poor's, Moody's, and Fitch. For certain securities that are not rated by any of these three agencies, credit ratings from other agencies may be used. Where the rating agencies rate a security differently, Lord Abbett uses the average rating based on numeric values assigned to each rating. Ratings range from AAA (highest) to D (lowest). Bonds rated BBB or above are considered investment grade. Credit ratings BB and below are lower-rated securities (junk bonds). High-yielding, non-investment-grade bonds (junk bonds) involve higher risks than investment-grade bonds. Adverse conditions may affect the issuer's ability to pay interest and principal on these securities. A portion of the portfolio's securities may not be rated. Breakdown is not an S&P credit rating or an opinion of S&P as to the creditworthiness of such portfolio. Ratings apply to the credit worthiness of the issuers of the underlying securities and not the fund or its shares. Ratings may be subject to change.

Portfolio Positioning as of 03/31/2024

  • We continued to add to the Fund’s allocation in lower-rated credits. We believe that CCCs offer the best relative value given the recent compression in spreads across high yield ratings tiers as well as the overall strength of the economy. We added to select CCC positions throughout the quarter in sectors such as Healthcare and Basic Industry. While we are still constructive on credit in general given the resilience in the U.S. economy, we do remain vigilant on adding to companies in sectors that may be more susceptible to default risk as interest rates remain higher for longer. We have funded these purchases with higher-rated, call constrained BBs where we view valuations are tight. The Fund is now overweight CCCs relative to the benchmark, while underweight BBs.
  • The Fund continued to be primarily overweight Basic Industry and Energy sectors. We remain constructive in the Basic Industry and Energy sectors as a result of improving credit quality, stickier inflation, and positive cyclicality. We also view the potential for ongoing merger & acquisition activity as an added potential tailwind for these sectors. Within Basic Industry, the primary overweights continue to be Metals and Mining and Chemicals, the latter of which have benefited from meaningful destocking of inventories over the last several months. Within Energy, we remain focused on E&P and Oil Field Services subsectors, but with a renewed focus on offshore energy as an attractive opportunity to find relative value. The Fund also continues to be overweight sectors such as Capital Goods and Transportation. Conversely, the portfolio finished the quarter underweight sectors such as Media, Real Estate and Services.
  • The Fund maintained modest exposure to off-benchmark sectors. We generally believe that select exposures to non-high yield sectors can offer attractive risk-reward opportunities, potential portfolio diversification benefits, and avenues for liquidity. While the Fund has the flexibility to toggle allocations to off-benchmark asset classes, such as bank loans and convertible bonds, we continue to view traditional high yield corporate bonds as broadly attractive relative value compared to other sectors. 
  • We view high yield as an opportunity to capture high-quality carry. We remain constructive in high yield credit considering the overall resilience of the U.S. economy. Inflation has been stickier than anticipated and may remain above the Fed's target, which could cause elevated rate, and risk-asset volatility. However, the default outlook for 2024 is expected to be manageable and similar to, if not modestly better than in 2023. Despite the presence of higher policy rates, high yield bond issuers' balance sheets have remained robust, and we believe that the corporate sector will maintain financial discipline, with high yield companies possibly benefitting from strategic mergers and acquisitions by higher-rated companies. Looking ahead, we are focused on maintaining a cyclical approach in the Fund and targeting down-in-quality securities, with emphasis on commodities, consumer cyclicals, and sectors benefiting from the potential for modestly lower financing rates in the year ahead.

Portfolio Details as of 06/28/2024

Total Net Assets
$3.61 B
Average Effective Duration
3.59 Years
Average Maturity
5.2 Years
Number of Issues
718
Average Yield to Maturity
8.51%

To view definitions for the above Portfolio Details, Click here.

Yield to maturity (YTM) represents the expected total return on a bond (expressed as an annualized rate) based on the bond’s expected future cash flows, including coupon payments over the life of the bond and the bond’s principal value received at maturity.

Average Maturity - The length of time until the average security in a portfolio will mature or be redeemed by its issuer in proportion to its dollar value. Indicating a portfolio’s sensitivity to general market interest rate changes, a longer average maturity implies greater relative portfolio volatility.

Average Effective Duration - The change in the value of a fixed income security that will result from a 1% change in interest rates, taking into account anticipated cash flow fluctuations from mortgage prepayments, puts, adjustable coupons, and potential call dates. Duration is expressed as a number of years, and generally, the larger a duration, the greater the interest-rate risk or reward for a portfolio’s underlying bond prices. Where applicable, certain investments, such as common or preferred stock, convertible bonds and convertible preferred stock, ETFs, ADRs, and CPI swaps and related futures, are excluded from these calculations.

Holding Coupon Maturity Assets
Vistra Operations Co LLC 7.750% 10/15/2031 0.6%
Frontier Communications Holdings LLC 6.000% 01/15/2030 0.6%
Cloud Software Group Inc 9.000% 09/30/2029 0.5%
DaVita Inc 4.625% 06/01/2030 0.5%
American Airlines Inc 7.250% 02/15/2028 0.5%
Venture Global LNG Inc 9.500% 02/01/2029 0.4%
EMRLD Borrower LP / Emerald Co-Issuer Inc 6.625% 12/15/2030 0.4%
CCO Holdings LLC / CCO Holdings Capital Corp 4.750% 03/01/2030 0.4%
Allied Universal Holdco LLC/Allied Universal Finance Corp/Atlas Luxco 4 Sarl 4.625% 06/01/2028 0.4%
SunCoke Energy Inc 4.875% 06/30/2029 0.4%
% of Total Assets 4.7%
Holding Coupon Maturity Assets
Frontier Communications Holdings LLC6.000% 01/15/20300.6%
Vistra Operations Co LLC7.750% 10/15/20310.5%
Cloud Software Group Inc9.000% 09/30/20290.5%
American Airlines Inc7.250% 02/15/20280.5%
J P MORGAN SECURITIES INC0.010% 06/03/20240.4%
Venture Global LNG Inc9.500% 02/01/20290.4%
Allied Universal Holdco LLC/Allied Universal Finance Corp/Atlas Luxco 4 Sarl4.625% 06/01/20280.4%
CCO Holdings LLC / CCO Holdings Capital Corp4.750% 03/01/20300.4%
Altice France SA5.125% 07/15/20290.4%
Alta Equipment Group Inc5.625% 04/15/20260.4%
SunCoke Energy Inc4.875% 06/30/20290.4%
Cloud Software Group Inc6.500% 03/31/20290.4%
DaVita Inc4.625% 06/01/20300.4%
Hecla Mining Co7.250% 02/15/20280.4%
Carnival Corp6.000% 05/01/20290.4%
First Quantum Minerals Ltd8.625% 06/01/20310.4%
Genting New York LLC / GENNY Capital Inc3.300% 02/15/20260.4%
EquipmentShare.com Inc9.000% 05/15/20280.4%
CHS/Community Health Systems Inc6.125% 04/01/20300.4%
Frontier Communications Holdings LLC5.875% 10/15/20270.3%
CCO Holdings LLC / CCO Holdings Capital Corp5.000% 02/01/20280.3%
Univision Communications Inc7.375% 06/30/20300.3%
Virgin Media Secured Finance PLC5.500% 05/15/20290.3%
CHS/Community Health Systems Inc5.250% 05/15/20300.3%
EMRLD Borrower LP / Emerald Co-Issuer Inc6.625% 12/15/20300.3%
Inter Media and Communication SpA6.750% 02/09/20270.3%
Viking Cruises Ltd9.125% 07/15/20310.3%
Loarre Investments Sarl6.500% 05/15/20290.3%
DISH Network Corp11.750% 11/15/20270.3%
NOVA Chemicals Corp9.000% 02/15/20300.3%
Rain Carbon Inc12.250% 09/01/20290.3%
FMG Resources August 2006 Pty Ltd6.125% 04/15/20320.3%
City Football Group Ltd8.439% 07/21/20280.3%
Jane Street Group / JSG Finance Inc7.125% 04/30/20310.3%
Coinbase Global Inc3.375% 10/01/20280.3%
Albertsons Cos Inc / Safeway Inc / New Albertsons LP / Albertsons LLC3.500% 03/15/20290.3%
CCO Holdings LLC / CCO Holdings Capital Corp4.500% 08/15/20300.3%
Gulfport Energy Corp8.000% 05/17/20260.3%
PetSmart Inc / PetSmart Finance Corp4.750% 02/15/20280.3%
VZ Secured Financing BV5.000% 01/15/20320.3%
Bausch + Lomb Corp8.375% 10/01/20280.3%
Berry Petroleum Co LLC7.000% 02/15/20260.3%
Rand Parent LLC8.500% 02/15/20300.3%
Oceaneering International Inc6.000% 02/01/20280.3%
Vistra Operations Co LLC4.375% 05/01/20290.3%
Virgin Media Finance PLC5.000% 07/15/20300.3%
MEG Energy Corp5.875% 02/01/20290.3%
Hilcorp Energy I LP / Hilcorp Finance Co6.000% 02/01/20310.3%
Delek Logistics Partners LP / Delek Logistics Finance Corp7.125% 06/01/20280.3%
Hawaiian Brand Intellectual Property Ltd / HawaiianMiles Loyalty Ltd5.750% 01/20/20260.3%
Heartland Dental LLC / Heartland Dental Finance Corp10.500% 04/30/20280.3%
Service Logic Acquisition Inc9.444% 10/29/20270.3%
ATI Inc5.125% 10/01/20310.3%
Altice France SA8.125% 02/01/20270.3%
SK Invictus Intermediate II Sarl5.000% 10/30/20290.3%
Navient Corp11.500% 03/15/20310.3%
McAfee Corp7.375% 02/15/20300.3%
Precision Drilling Corp6.875% 01/15/20290.3%
PennyMac Financial Services Inc5.750% 09/15/20310.3%
Transocean Inc6.800% 03/15/20380.3%
Iron Mountain Inc5.625% 07/15/20320.3%
Transocean Inc7.500% 04/15/20310.3%
Olympus Water US Holding Corp9.750% 11/15/20280.3%
Rockcliff Energy II LLC5.500% 10/15/20290.3%
Bombardier Inc7.250% 07/01/20310.3%
Staples Inc10.750% 09/01/20290.2%
Encino Acquisition Partners Holdings LLC8.500% 05/01/20280.2%
Comstock Resources Inc5.875% 01/15/20300.2%
Permian Resources Operating LLC9.875% 07/15/20310.2%
CSC Holdings LLC11.250% 05/15/20280.2%
OneMain Finance Corp9.000% 01/15/20290.2%
Natera Inc2.250% 05/01/20270.2%
CNX Resources Corp6.000% 01/15/20290.2%
Builders FirstSource Inc6.375% 06/15/20320.2%
Midwest Gaming Borrower LLC / Midwest Gaming Finance Corp4.875% 05/01/20290.2%
Coeur Mining Inc5.125% 02/15/20290.2%
EQM Midstream Partners LP7.500% 06/01/20300.2%
Helix Energy Solutions Group Inc9.750% 03/01/20290.2%
Venture Global LNG Inc8.375% 06/01/20310.2%
Arsenal AIC Parent LLC8.000% 10/01/20300.2%
Smyrna Ready Mix Concrete LLC6.000% 11/01/20280.2%
Goodyear Tire & Rubber Co/The5.000% 07/15/20290.2%
NRG Energy Inc10.250% 09/15/21720.2%
Wynn Resorts Finance LLC / Wynn Resorts Capital Corp7.125% 02/15/20310.2%
LifePoint Health Inc5.375% 01/15/20290.2%
Venture Global LNG Inc8.125% 06/01/20280.2%
Freedom Mortgage Corp12.000% 10/01/20280.2%
Jefferson Capital Holdings LLC6.000% 08/15/20260.2%
MIWD Holdco II LLC / MIWD Finance Corp5.500% 02/01/20300.2%
Carvana Co12.000% 12/01/20280.2%
Vital Energy Inc7.750% 07/31/20290.2%
VF Ukraine PAT via VFU Funding PLC6.200% 02/11/20250.2%
Talen Energy Supply LLC8.625% 06/01/20300.2%
Macy's Retail Holdings LLC5.875% 04/01/20290.2%
Shelf Drilling Holdings Ltd9.625% 04/15/20290.2%
CNX Midstream Partners LP4.750% 04/15/20300.2%
Carvana Co13.000% 06/01/20300.2%
Genesis Energy LP / Genesis Energy Finance Corp8.875% 04/15/20300.2%
JB Poindexter & Co Inc8.750% 12/15/20310.2%
Limak Iskenderun Uluslararasi Liman Isletmeciligi AS9.500% 07/10/20360.2%
Alloy Finco Ltd0.500% 03/06/20250.2%
Petroleos Mexicanos10.000% 02/07/20330.2%
TransDigm Inc4.625% 01/15/20290.2%
Southwestern Energy Co5.375% 02/01/20290.2%
Coronado Finance Pty Ltd10.750% 05/15/20260.2%
SPX FLOW Inc8.750% 04/01/20300.2%
Calpine Corp5.000% 02/01/20310.2%
MC Brazil Downstream Trading SARL7.250% 06/30/20310.2%
Ascensus Holdings Inc8.944% 08/02/20280.2%
Compass Minerals International Inc6.750% 12/01/20270.2%
Empire Resorts Inc7.750% 11/01/20260.2%
LifePoint Health Inc9.875% 08/15/20300.2%
Pan American Energy LLC/Argentina8.500% 04/30/20320.2%
Gray Television Inc7.000% 05/15/20270.2%
Tenneco Inc8.000% 11/17/20280.2%
Cerdia Finanz GmbH10.500% 02/15/20270.2%
Ardonagh Group Finance Ltd8.875% 02/15/20320.2%
Gap Inc/The3.875% 10/01/20310.2%
Valaris Ltd8.375% 04/30/20300.2%
Wynn Macau Ltd5.500% 10/01/20270.2%
Port of Newcastle Investments Financing Pty Ltd5.900% 11/24/20310.2%
Fortress Transportation and Infrastructure Investors LLC7.875% 12/01/20300.2%
United States Steel Corp6.650% 06/01/20370.2%
Bombardier Inc7.000% 06/01/20320.2%
Aretec Group Inc10.000% 08/15/20300.2%
Benteler International AG10.500% 05/15/20280.2%
CVR Partners LP / CVR Nitrogen Finance Corp6.125% 06/15/20280.2%
Owens & Minor Inc6.625% 04/01/20300.2%
Trulieve Cannabis Corp8.000% 10/06/20260.2%
ASP Unifrax Holdings Inc5.250% 09/30/20280.2%
Global Partners LP / GLP Finance Corp8.250% 01/15/20320.2%
Diamond Foreign Asset Co / Diamond Finance LLC8.500% 10/01/20300.2%
Vibrantz Technologies Inc9.000% 02/15/20300.2%
Mauser Packaging Solutions Holding Co9.250% 04/15/20270.2%
Intesa Sanpaolo SpA4.198% 06/01/20320.2%
Curaleaf Holdings Inc8.000% 12/15/20260.2%
Synchrony Financial7.250% 02/02/20330.2%
Sotheby's7.375% 10/15/20270.2%
United Airlines Inc4.625% 04/15/20290.2%
ZF North America Capital Inc7.125% 04/14/20300.2%
Triumph Group Inc9.000% 03/15/20280.2%
Coherent Corp5.000% 12/15/20290.2%
Antero Midstream Partners LP / Antero Midstream Finance Corp5.375% 06/15/20290.2%
Resideo Funding Inc4.000% 09/01/20290.2%
Summer BC Holdco A Sarl9.250% 10/31/20270.2%
Outfront Media Capital LLC / Outfront Media Capital Corp7.375% 02/15/20310.2%
Nationstar Mortgage Holdings Inc7.125% 02/01/20320.2%
Park-Ohio Industries Inc6.625% 04/15/20270.2%
Buckeye Partners LP4.125% 12/01/20270.2%
Grinding Media Inc9.555% 10/12/20280.2%
Seaspan Corp5.500% 08/01/20290.2%
Carpenter Technology Corp7.625% 03/15/20300.2%
Brand Industrial Services Inc10.375% 08/01/20300.2%
ATI Inc7.250% 08/15/20300.2%
Ardagh Packaging Finance PLC / Ardagh Holdings USA Inc4.125% 08/15/20260.2%
Kernel Holding SA6.500% 10/17/20240.2%
NGL Energy Operating LLC / NGL Energy Finance Corp8.375% 02/15/20320.2%
Taseko Mines Ltd8.250% 05/01/20300.2%
Mersin Uluslararasi Liman Isletmeciligi AS8.250% 11/15/20280.2%
Cleveland-Cliffs Inc7.000% 03/15/20320.2%
DT Midstream Inc4.125% 06/15/20290.2%
Carriage Purchaser Inc7.875% 10/15/20290.2%
AMC Entertainment Holdings Inc7.500% 02/15/20290.2%
CNX Resources Corp7.375% 01/15/20310.2%
Cushman & Wakefield US Borrower LLC8.875% 09/01/20310.2%
Eldorado Gold Corp6.250% 09/01/20290.2%
Organon & Co / Organon Foreign Debt Co-Issuer BV7.875% 05/15/20340.2%
MHP Lux SA6.250% 09/19/20290.2%
PARKWAY GENERATION LLC10.341% 02/18/20290.2%
Smyrna Ready Mix Concrete LLC8.875% 11/15/20310.2%
ACProducts Holdings Inc6.375% 05/15/20290.2%
Jacobs Entertainment Inc6.750% 02/15/20290.2%
ACBL HLDG CORP0.000% -0.2%
Madison IAQ LLC5.875% 06/30/20290.2%
EPIC Y-Grade Services LP11.052% 06/29/20290.2%
NCL Corp Ltd8.125% 01/15/20290.2%
Iliad Holding SASU7.000% 10/15/20280.2%
Navient Corp9.375% 07/25/20300.2%
AG Issuer LLC6.250% 03/01/20280.2%
Red Planet Borrower LLC8.929% 10/02/20280.2%
Capstone Borrower Inc8.000% 06/15/20300.2%
Block Inc6.500% 05/15/20320.2%
Weekley Homes LLC / Weekley Finance Corp4.875% 09/15/20280.2%
Vistra Corp7.000% 06/15/21720.2%
American Airlines Inc/AAdvantage Loyalty IP Ltd5.750% 04/20/20290.2%
Herens Midco Sarl5.250% 05/15/20290.2%
GPS Hospitality Holding Co LLC / GPS Finco Inc7.000% 08/15/20280.2%
LGI Homes Inc8.750% 12/15/20280.2%
Ascent Resources Utica Holdings LLC / ARU Finance Corp5.875% 06/30/20290.2%
Mercer International Inc5.125% 02/01/20290.2%
VistaJet Malta Finance PLC / Vista Management Holding Inc7.875% 05/01/20270.2%
StoneX Group Inc7.875% 03/01/20310.2%
Compass Power Generation LLC9.693% 04/14/20290.2%
Lumen Technologies Inc7.785% 04/15/20290.2%
California Resources Corp8.250% 06/15/20290.2%
ION Trading Technologies Sarl5.750% 05/15/20280.2%
Texas Capital Bank NA5.250% 01/31/20260.2%
Vital Energy Inc7.875% 04/15/20320.2%
Civitas Resources Inc8.625% 11/01/20300.2%
Gatwick Airport Finance PLC4.375% 04/07/20260.2%
Cloud Software Group Inc8.250% 06/30/20320.2%
Landsea Homes Corp8.875% 04/01/20290.2%
LSF11 A5 HoldCo LLC6.625% 10/15/20290.2%
Belo Corp7.250% 09/15/20270.2%
Sitio Royalties Operating Partnership LP / Sitio Finance Corp7.875% 11/01/20280.2%
STL Holding Co LLC8.750% 02/15/20290.2%
Howden UK Refinance PLC / Howden UK Refinance 2 PLC / Howden US Refinance LLC8.125% 02/15/20320.2%
Global Aircraft Leasing Co Ltd6.500% 09/15/20240.2%
PG Investment Co 59 Sarl8.813% 03/26/20310.2%
Ctec II GmbH5.250% 02/15/20300.2%
YPF Energia Electrica SA10.000% 07/25/20260.2%
Veritas US Inc / Veritas Bermuda Ltd7.500% 09/01/20250.2%
Mohegan Tribal Gaming Authority8.000% 02/01/20260.2%
AmeriTex HoldCo Intermediate LLC10.250% 10/15/20280.2%
WaterBridge Midstream Operating LLC11.335% 06/22/20260.2%
PLT VII Finance Sarl6.000% 06/15/20310.2%
M/I Homes Inc4.950% 02/01/20280.2%
Armor Holdco Inc8.500% 11/15/20290.2%
LifePoint Health Inc10.000% 06/01/20320.2%
NatWest Group PLC4.500% 03/31/21730.2%
TK Elevator Midco GmbH4.375% 07/15/20270.2%
Calderys Financing LLC11.250% 06/01/20280.2%
Harvest Midstream I LP7.500% 05/15/20320.2%
Vital Farms Inc0.000% -0.2%
AdaptHealth LLC5.125% 03/01/20300.2%
Lloyds Banking Group PLC8.500% 03/27/21730.2%
Sri Lanka Government International Bond5.875% 07/25/20220.2%
Leeward Renewable Energy Operations LLC4.250% 07/01/20290.2%
Civitas Resources Inc8.750% 07/01/20310.2%
Hunter Douglas Inc8.836% 02/26/20290.2%
Crescent Energy Finance LLC7.625% 04/01/20320.2%
LSB Industries Inc6.250% 10/15/20280.2%
Isolved Inc8.829% 10/15/20300.2%
Clydesdale Acquisition Holdings Inc8.750% 04/15/20300.2%
Twilio Inc3.625% 03/15/20290.2%
CITGO Petroleum Corp8.375% 01/15/20290.2%
Popular Inc7.250% 03/13/20280.2%
Vermilion Energy Inc6.875% 05/01/20300.2%
DISH DBS Corp5.875% 11/15/20240.2%
Helix Gen Funding LLC10.059% 12/31/20270.2%
Elastic NV4.125% 07/15/20290.2%
CSC Holdings LLC11.750% 01/31/20290.2%
INEOS Finance PLC7.500% 04/15/20290.2%
TransDigm Inc8.059% 03/22/20300.2%
Hess Midstream Operations LP5.125% 06/15/20280.2%
WR Grace Holdings LLC5.625% 08/15/20290.2%
Bellis Acquisition Co PLC8.125% 05/14/20300.2%
Market Bidco Finco PLC5.500% 11/04/20270.2%
Constellium SE5.625% 06/15/20280.2%
888 Acquisitions Ltd7.558% 07/15/20270.2%
GGAM Finance Ltd8.000% 02/15/20270.2%
Resorts World Las Vegas LLC / RWLV Capital Inc4.625% 04/06/20310.2%
CSC Holdings LLC7.500% 04/01/20280.2%
Noble Finance II LLC8.000% 04/15/20300.2%
Standard Industries Inc/NJ3.375% 01/15/20310.2%
Baytex Energy Corp7.375% 03/15/20320.2%
Arko Corp5.125% 11/15/20290.2%
Aston Martin Capital Holdings Ltd10.000% 03/31/20290.2%
Albion Financing 2 Sarl8.750% 04/15/20270.2%
TK Elevator US Newco Inc5.250% 07/15/20270.2%
LifePoint Health Inc11.000% 10/15/20300.2%
Eco Material Technologies Inc7.875% 01/31/20270.2%
Miller Homes Group Finco PLC7.000% 05/15/20290.2%
Valvoline Inc3.625% 06/15/20310.2%
Comstock Resources Inc6.750% 03/01/20290.2%
Viasat Inc7.500% 05/30/20310.2%
Minerals Technologies Inc5.000% 07/01/20280.2%
Maxim Crane Works Holdings Capital LLC11.500% 09/01/20280.2%
Choice Hotels International Inc3.700% 12/01/20290.2%
Fortress Transportation and Infrastructure Investors LLC7.000% 05/01/20310.1%
Bombardier Inc6.000% 02/15/20280.1%
Windsor Holdings III LLC8.500% 06/15/20300.1%
Western Alliance Bancorp3.000% 06/15/20310.1%
CP Atlas Buyer Inc7.000% 12/01/20280.1%
CSC Holdings LLC4.125% 12/01/20300.1%
Global Auto Holdings Ltd/AAG FH UK Ltd8.375% 01/15/20290.1%
Nordstrom Inc4.375% 04/01/20300.1%
US Acute Care Solutions LLC9.750% 05/15/20290.1%
Pampa Energia SA7.500% 01/24/20270.1%
Garrett Motion Holdings Inc / Garrett LX I Sarl7.750% 05/31/20320.1%
Freshpet Inc3.000% 04/01/20280.1%
Modena Buyer LLC0.000% 04/18/20310.1%
Borr IHC Ltd / Borr Finance LLC10.000% 11/15/20280.1%
CHS/Community Health Systems Inc4.750% 02/15/20310.1%
Advance Auto Parts Inc3.500% 03/15/20320.1%
PRA Group Inc8.875% 01/31/20300.1%
Mineral Resources Ltd8.000% 11/01/20270.1%
GrafTech Global Enterprises Inc9.875% 12/15/20280.1%
Tank Holding Corp11.179% 03/31/20280.1%
Novelis Corp3.875% 08/15/20310.1%
WE Soda Investments Holding PLC9.500% 10/06/20280.1%
Baldwin Insurance Group Holdings LLC / Baldwin Insurance Group Holdings Finance7.125% 05/15/20310.1%
Allwyn Entertainment Financing UK PLC7.875% 04/30/20290.1%
Caesars Entertainment Inc7.000% 02/15/20300.1%
CSC Holdings LLC6.500% 02/01/20290.1%
Jones Deslauriers Insurance Management Inc8.500% 03/15/20300.1%
Park Intermediate Holdings LLC / PK Domestic Property LLC / PK Finance Co-Issuer7.000% 02/01/20300.1%
Enviri Corp5.750% 07/31/20270.1%
Boise Cascade Co4.875% 07/01/20300.1%
Ahlstrom Holding 3 Oy4.875% 02/04/20280.1%
DPL Inc4.350% 04/15/20290.1%
Plaskolite PPC Intermediate II LLC9.442% 12/15/20250.1%
Staples Inc7.500% 04/15/20260.1%
CHS/Community Health Systems Inc6.875% 04/15/20290.1%
FOGO DE CHAO INC10.079% 09/30/20300.1%
Societe Generale SA9.375% 05/22/21730.1%
Stonegate Pub Co Financing 2019 PLC8.250% 07/31/20250.1%
Lumen Technologies Inc7.785% 04/15/20300.1%
AppLovin Corp0.000% -0.1%
USIC Holdings Inc12.064% 05/14/20290.1%
Arcline FM Holdings LLC10.321% 06/23/20280.1%
Bread Financial Holdings Inc9.750% 03/15/20290.1%
Blue Racer Midstream LLC / Blue Racer Finance Corp7.000% 07/15/20290.1%
Baytex Energy Corp8.500% 04/30/20300.1%
Global Medical Response Inc6.500% 10/01/20250.1%
LCM Investments Holdings II LLC8.250% 08/01/20310.1%
PBF Holding Co LLC / PBF Finance Corp7.875% 09/15/20300.1%
Touchdown Acquirer Inc9.326% 02/21/20310.1%
Navient Corp5.500% 03/15/20290.1%
PetSmart Inc / PetSmart Finance Corp7.750% 02/15/20290.1%
CQP Holdco LP / BIP-V Chinook Holdco LLC5.500% 06/15/20310.1%
TGP Holdings III LLC8.679% 06/29/20280.1%
Genesis Energy LP / Genesis Energy Finance Corp8.250% 01/15/20290.1%
Glaukos Corp2.750% 06/15/20270.1%
McGraw-Hill Education Inc5.750% 08/01/20280.1%
Algoma Steel Inc9.125% 04/15/20290.1%
Seadrill Finance Ltd8.375% 08/01/20300.1%
GEO Group Inc/The10.250% 04/15/20310.1%
VIKING HOLDINGS LTD0.000% -0.1%
SCIH Salt Holdings Inc4.875% 05/01/20280.1%
Warrior Met Coal Inc7.875% 12/01/20280.1%
Miller Industries Inc/TN0.000% -0.1%
Cougar JV Subsidiary LLC8.000% 05/15/20320.1%
Clear Channel Outdoor Holdings Inc7.750% 04/15/20280.1%
Enstall Group BV10.571% 08/30/20280.1%
PennyMac Financial Services Inc7.875% 12/15/20290.1%
LABL Inc9.500% 11/01/20280.1%
Dream Finders Homes Inc8.250% 08/15/20280.1%
Texas Capital Bancshares Inc4.000% 05/06/20310.1%
Rocket Software Inc6.500% 02/15/20290.1%
American Axle & Manufacturing Inc5.000% 10/01/20290.1%
CoreCivic Inc8.250% 04/15/20290.1%
AI Candelaria Spain SA7.500% 12/15/20280.1%
YPF SA9.500% 01/17/20310.1%
Boot Barn Holdings Inc0.000% -0.1%
Aretec Group Inc7.500% 04/01/20290.1%
Pure Storage Inc0.000% -0.1%
Methanex Corp5.250% 12/15/20290.1%
Powell Industries Inc0.000% -0.1%
Azalea Topco Inc8.829% 04/30/20310.1%
Frontier Communications Holdings LLC8.750% 05/15/20300.1%
Howden UK Refinance PLC / Howden UK Refinance 2 PLC / Howden US Refinance LLC7.250% 02/15/20310.1%
Jane Street Group / JSG Finance Inc4.500% 11/15/20290.1%
Allied Universal Holdco LLC / Allied Universal Finance Corp6.000% 06/01/20290.1%
RingCentral Inc8.500% 08/15/20300.1%
ROBLOX Corp3.875% 05/01/20300.1%
Hudbay Minerals Inc6.125% 04/01/20290.1%
Stena International SA7.250% 01/15/20310.1%
Hudbay Minerals Inc4.500% 04/01/20260.1%
National Mentor Holdings Inc9.159% 03/02/20280.1%
Alta Equipment Group Inc9.000% 06/01/20290.1%
Amynta Agency Borrower Inc9.552% 02/28/20280.1%
Mueller Water Products Inc0.000% -0.1%
Tidewater Inc10.375% 07/03/20280.1%
TEGNA Inc5.000% 09/15/20290.1%
Rocket Software Inc10.079% 11/28/20280.1%
Sunoco LP / Sunoco Finance Corp7.000% 09/15/20280.1%
Transocean Aquila Ltd8.000% 09/30/20280.1%
Vallourec SACA7.500% 04/15/20320.1%
Iris Holding Inc10.180% 06/28/20280.1%
GYP Holdings III Corp4.625% 05/01/20290.1%
Dornoch Debt Merger Sub Inc6.625% 10/15/20290.1%
Nine Energy Service Inc13.000% 02/01/20280.1%
Melco Resorts Finance Ltd5.375% 12/04/20290.1%
Punch Finance PLC6.125% 06/30/20260.1%
Staples Inc10.750% 04/15/20270.1%
Churchill Downs Inc4.750% 01/15/20280.1%
Wyndham Hotels & Resorts Inc4.375% 08/15/20280.1%
Jones Deslauriers Insurance Management Inc10.500% 12/15/20300.1%
Mueller Water Products Inc4.000% 06/15/20290.1%
MACOM Technology Solutions Holdings Inc0.250% 03/15/20260.1%
FMG Resources August 2006 Pty Ltd5.875% 04/15/20300.1%
Watco Cos LLC / Watco Finance Corp6.500% 06/15/20270.1%
NetApp Inc0.000% -0.1%
Talos Production Inc9.000% 02/01/20290.1%
EnLink Midstream LLC6.500% 09/01/20300.1%
LBM Acquisition LLC6.250% 01/15/20290.1%
Bellis Finco PLC4.000% 02/16/20270.1%
Arcosa Inc4.375% 04/15/20290.1%
Titan Holdings II BV5.125% 07/15/20290.1%
Terex Corp5.000% 05/15/20290.1%
Matador Resources Co6.500% 04/15/20320.1%
Builders FirstSource Inc4.250% 02/01/20320.1%
Newell Brands Inc5.700% 04/01/20260.1%
Forestar Group Inc3.850% 05/15/20260.1%
Bombardier Inc8.750% 11/15/20300.1%
Federal Signal Corp0.000% -0.1%
Roller Bearing Co of America Inc4.375% 10/15/20290.1%
Tronox Inc4.625% 03/15/20290.1%
Warby Parker Inc0.000% -0.1%
Park River Holdings Inc8.814% 12/28/20270.1%
Osaic Holdings Inc9.329% 08/17/20280.1%
Cinemark USA Inc5.250% 07/15/20280.1%
Canpack SA / Canpack US LLC3.875% 11/15/20290.1%
Studio City Finance Ltd5.000% 01/15/20290.1%
ADMI Corp8.819% 12/23/20270.1%
Sisecam UK PLC8.625% 05/02/20320.1%
Cablevision Lightpath LLC5.625% 09/15/20280.1%
Cabot Corp0.000% -0.1%
Nabors Industries Ltd7.500% 01/15/20280.1%
Entegris Inc3.625% 05/01/20290.1%
BCPE Empire Holdings Inc7.625% 05/01/20270.1%
Iceland Bondco PLC10.875% 12/15/20270.1%
Kosmos Energy Ltd7.500% 03/01/20280.1%
FirstCash Inc5.625% 01/01/20300.1%
Kodiak Gas Services LLC7.250% 02/15/20290.1%
Full House Resorts Inc8.250% 02/15/20280.1%
TriNet Group Inc7.125% 08/15/20310.1%
Dermatology Intermediate Holdings III Inc9.580% 03/30/20290.1%
Dexko Global Inc9.321% 10/04/20280.1%
Crosby US Acquisition Corp9.329% 08/16/20290.1%
Vertiv Group Corp4.125% 11/15/20280.1%
Triton Water Holdings Inc8.563% 03/31/20280.1%
Victoria's Secret & Co4.625% 07/15/20290.1%
VOC Escrow Ltd5.000% 02/15/20280.1%
US Foods Inc4.625% 06/01/20300.1%
NCR Atleos Corp9.500% 04/01/20290.1%
GGAM Finance Ltd8.000% 06/15/20280.1%
Shea Homes LP / Shea Homes Funding Corp4.750% 02/15/20280.1%
Badger Meter Inc0.000% -0.1%
Organon & Co / Organon Foreign Debt Co-Issuer BV5.125% 04/30/20310.1%
CPM Holdings Inc9.813% 09/28/20280.1%
EquipmentShare.com Inc8.625% 05/15/20320.1%
JELD-WEN Inc4.875% 12/15/20270.1%
CCO Holdings LLC / CCO Holdings Capital Corp6.375% 09/01/20290.1%
Sigma Holdco BV7.875% 05/15/20260.1%
AthenaHealth Group Inc8.579% 02/15/20290.1%
Samarco Mineracao SA9.000% 06/30/20310.1%
Iris Holding Inc10.000% 12/15/20280.1%
Hudson River Trading LLC8.442% 03/20/20280.1%
Denison Mines Corp0.000% -0.1%
Star Parent Inc9.309% 09/27/20300.1%
Range Resources Corp4.750% 02/15/20300.1%
Royal Caribbean Cruises Ltd6.250% 03/15/20320.1%
PBF Holding Co LLC / PBF Finance Corp6.000% 02/15/20280.1%
Teva Pharmaceutical Finance Netherlands III BV3.150% 10/01/20260.1%
Central Parent LLC / CDK Global II LLC / CDK Financing Co Inc8.000% 06/15/20290.1%
Surgery Center Holdings Inc7.250% 04/15/20320.1%
Chobani LLC9.067% 10/25/20270.1%
APi Group DE Inc4.750% 10/15/20290.1%
Perrigo Finance Unlimited Co4.650% 06/15/20300.1%
BWX Technologies Inc4.125% 04/15/20290.1%
Dorian LPG Ltd0.000% -0.1%
Herens US Holdco Corp9.334% 07/03/20280.1%
Teva Pharmaceutical Industries Ltd0.000% -0.1%
Seagate HDD Cayman8.500% 07/15/20310.1%
Mitchell International Inc11.944% 10/15/20290.1%
Allison Transmission Inc3.750% 01/30/20310.1%
Asurion LLC10.694% 01/20/20290.1%
BellRing Brands Inc7.000% 03/15/20300.1%
Encino Acquisition Partners Holdings LLC8.750% 05/01/20310.1%
Trident TPI Holdings Inc12.750% 12/31/20280.1%
Rakuten Group Inc9.750% 04/15/20290.1%
Ingevity Corp3.875% 11/01/20280.1%
Imola Merger Corp4.750% 05/15/20290.1%
Synaptics Inc4.000% 06/15/20290.1%
NCL Corp Ltd5.875% 02/15/20270.1%
Ovation Parent Inc8.827% 04/21/20310.1%
FMG Resources August 2006 Pty Ltd4.375% 04/01/20310.1%
Boyne USA Inc4.750% 05/15/20290.1%
Clear Channel Outdoor Holdings Inc7.875% 04/01/20300.1%
Pike Corp8.625% 01/31/20310.1%
HealthEquity Inc4.500% 10/01/20290.1%
Acadia Healthcare Co Inc5.000% 04/15/20290.1%
Churchill Downs Inc5.750% 04/01/20300.1%
Post Holdings Inc4.625% 04/15/20300.1%
NCR Voyix Corp5.125% 04/15/20290.1%
Transocean Inc8.250% 05/15/20290.1%
Harmony Gold Mining Co Ltd0.000% -0.1%
Molina Healthcare Inc3.875% 11/15/20300.1%
EQM Midstream Partners LP4.750% 01/15/20310.1%
Bloomin' Brands Inc / OSI Restaurant Partners LLC5.125% 04/15/20290.1%
Camtek Ltd/Israel0.000% 12/01/20260.1%
LCM Investments Holdings II LLC4.875% 05/01/20290.1%
Griffon Corp5.750% 03/01/20280.1%
GN Bondco LLC9.500% 10/15/20310.1%
AMC Networks Inc4.250% 02/15/20290.1%
Alliance Resource Operating Partners LP / Alliance Resource Finance Corp8.625% 06/15/20290.1%
Alcoa Nederland Holding BV7.125% 03/15/20310.1%
PennyMac Financial Services Inc7.125% 11/15/20300.1%
EQM Midstream Partners LP6.375% 04/01/20290.1%
Woodward Inc0.000% -0.1%
JFL-Tiger Acquisition Co Inc9.829% 10/17/20300.1%
Iliad Holding SASU8.500% 04/15/20310.1%
Azul Secured Finance LLP11.930% 08/28/20280.1%
Stena International SA7.625% 02/15/20310.1%
SeaWorld Parks & Entertainment Inc5.250% 08/15/20290.1%
Brandywine Operating Partnership LP8.875% 04/12/20290.1%
Axalta Coating Systems Dutch Holding B BV7.250% 02/15/20310.1%
180 Medical Inc3.875% 10/15/20290.1%
Knife River Corp7.750% 05/01/20310.1%
Seagate HDD Cayman8.250% 12/15/20290.1%
Panther Escrow Issuer LLC7.125% 06/01/20310.1%
Lamb Weston Holdings Inc4.125% 01/31/20300.1%
EnerSys6.625% 01/15/20320.1%
ERO Copper Corp6.500% 02/15/20300.1%
PRA Group Inc5.000% 10/01/20290.1%
Cengage Learning Inc9.538% 03/22/20310.1%
CD+R HYDRA BUYER INC9.420% 03/25/20310.1%
Royal Caribbean Cruises Ltd7.250% 01/15/20300.1%
Royal Caribbean Cruises Ltd4.250% 07/01/20260.1%
ASG Finance Designated Activity Co9.750% 05/15/20290.1%
Ashton Woods USA LLC / Ashton Woods Finance Co4.625% 04/01/20300.1%
RHP Hotel Properties LP / RHP Finance Corp7.250% 07/15/20280.1%
ATS Corp4.125% 12/15/20280.1%
Tidewater Inc0.000% -0.1%
ZF North America Capital Inc6.875% 04/14/20280.1%
Moog Inc0.000% -0.1%
Raising Cane's Restaurants LLC9.375% 05/01/20290.1%
Amsted Industries Inc4.625% 05/15/20300.1%
WASH Multifamily Acquisition Inc5.750% 04/15/20260.1%
Dycom Industries Inc4.500% 04/15/20290.1%
Commercial Metals Co4.125% 01/15/20300.1%
Wabash National Corp4.500% 10/15/20280.1%
Beacon Roofing Supply Inc4.125% 05/15/20290.1%
Adient Global Holdings Ltd8.250% 04/15/20310.1%
Medline Borrower LP3.875% 04/01/20290.1%
Advanced Drainage Systems Inc6.375% 06/15/20300.1%
Fortress Transportation and Infrastructure Investors LLC5.500% 05/01/20280.1%
Chobani LLC / Chobani Finance Corp Inc4.625% 11/15/20280.1%
Hilton Grand Vacations Borrower Escrow LLC / Hilton Grand Vacations Borrower Esc6.625% 01/15/20320.1%
HUB International Ltd7.375% 01/31/20320.1%
Cornerstone Building Brands Inc6.125% 01/15/20290.1%
Pilgrim's Pride Corp4.250% 04/15/20310.1%
Pike Corp5.500% 09/01/20280.1%
Asbury Automotive Group Inc5.000% 02/15/20320.1%
Sunrise FinCo I BV4.875% 07/15/20310.1%
White Cap Buyer LLC6.875% 10/15/20280.1%
Hunt Cos Inc5.250% 04/15/20290.1%
XPO Inc7.125% 02/01/20320.1%
Nexstar Media Inc4.750% 11/01/20280.1%
Station Casinos LLC4.625% 12/01/20310.1%
Park Intermediate Holdings LLC / PK Domestic Property LLC / PK Finance Co-Issuer4.875% 05/15/20290.1%
Oscar AcquisitionCo LLC / Oscar Finance Inc9.500% 04/15/20300.1%
Generac Holdings Inc0.000% -0.1%
International Bancshares Corp0.000% -0.1%
Alliant Holdings Intermediate LLC / Alliant Holdings Co-Issuer6.750% 04/15/20280.1%
VistaJet Malta Finance PLC / Vista Management Holding Inc6.375% 02/01/20300.1%
Sweetgreen Inc0.000% -0.1%
Kestra Advisor Services Holdings A Inc9.329% 03/22/20310.1%
Sterling Infrastructure Inc0.000% -0.1%
Esab Corp6.250% 04/15/20290.1%
NRG Energy Inc0.000% -0.1%
ON Semiconductor Corp3.875% 09/01/20280.1%
GGAM Finance Ltd6.875% 04/15/20290.1%
Fair Isaac Corp4.000% 06/15/20280.1%
OneMain Finance Corp7.500% 05/15/20310.1%
NMG Holding Co Inc / Neiman Marcus Group LLC7.125% 04/01/20260.1%
Mahle GmbH6.500% 05/02/20310.1%
Ardonagh Finco Ltd7.750% 02/15/20310.1%
Energy Transfer LP8.000% 05/15/20540.1%
ION Trading Technologies Sarl9.500% 05/30/20290.1%
Real Hero Merger Sub 2 Inc6.250% 02/01/20290.1%
Parkland Corp5.875% 07/15/20270.1%
NRG Energy Inc7.000% 03/15/20330.1%
New Enterprise Stone & Lime Co Inc9.750% 07/15/20280.1%
Levi Strauss & Co0.000% -0.1%
Epicor Software Corp0.000% 05/23/20310.1%
BCP V Modular Services Finance PLC6.750% 11/30/20290.1%
Hughes Satellite Systems Corp6.625% 08/01/20260.1%
Anastasia Parent LLC9.321% 08/11/20250.1%
UBS Group AG7.750% 04/12/21730.1%
Sealed Air Corp6.875% 07/15/20330.1%
Sinclair Television Group Inc8.591% 04/01/20280.1%
Navient Corp4.875% 03/15/20280.1%
Groundworks LLC8.821% 03/14/20310.1%
Physician Partners LLC9.564% 12/26/20280.1%
Gray Television Inc5.375% 11/15/20310.1%
ONE Hotels GmbH7.750% 04/02/20310.1%
Iceland Bondco PLC10.875% 12/15/20270.1%
USA Compression Partners LP / USA Compression Finance Corp7.125% 03/15/20290.1%
NRG Energy Inc5.250% 06/15/20290.1%
Gates Corp/The6.875% 07/01/20290.1%
WaterBridge NDB Operating LLC9.826% 05/10/20290.1%
Ingles Markets Inc4.000% 06/15/20310.1%
Triton Water Holdings Inc9.302% 03/31/20280.1%
SWF Escrow Issuer Corp6.500% 10/01/20290.1%
Summit Materials LLC / Summit Materials Finance Corp7.250% 01/15/20310.1%
Aragorn Parent Corp9.570% 12/15/20280.1%
CD&R Firefly Bidco PLC8.625% 04/30/20290.1%
FXI Holdings Inc12.250% 11/15/20260.1%
Zebra Technologies Corp6.500% 06/01/20320.1%
LABL Inc10.500% 07/15/20270.1%
Staples Inc10.428% 04/16/20260.1%
Allied Universal Holdco LLC / Allied Universal Finance Corp9.750% 07/15/20270.1%
Helios Software Holdings Inc / ION Corporate Solutions Finance Sarl8.750% 05/01/20290.1%
Flutter Treasury Designated Activity Co6.375% 04/29/20290.1%
Kernel Holding SA6.750% 10/27/20270.1%
New York Community Bancorp Inc8.378% 11/06/20280.1%
Mineral Resources Ltd8.500% 05/01/20300.1%
ILFC E-Capital Trust I7.145% 12/21/20650.1%
Wellpath Holdings Inc10.836% 10/01/20250.1%
Fiber Bidco Spa6.125% 06/15/20310.1%
Global Auto Holdings Ltd/AAG FH UK Ltd8.750% 01/15/20320.1%
Matador Resources Co6.875% 04/15/20280.1%
Xerox Holdings Corp8.875% 11/30/20290.1%
Iron Mountain Inc7.000% 02/15/20290.1%
Synthomer PLC7.375% 05/02/20290.1%
Vital Energy Inc9.750% 10/15/20300.1%
CHS/Community Health Systems Inc6.875% 04/01/20280.1%
Sunac China Holdings Ltd0.000% 09/30/20280.1%
Chart Industries Inc7.500% 01/01/20300.1%
GIBSON BRANDS PRIVATE EQUITY0.000% -0.1%
ILFC E-Capital Trust II7.395% 12/21/20650.1%
Delta Topco Inc8.813% 11/30/20290.1%
Borr IHC Ltd / Borr Finance LLC10.375% 11/15/20300.1%
Clear Channel Outdoor Holdings Inc9.000% 09/15/20280.1%
Northwest Fiber LLC / Northwest Fiber Finance Sub Inc10.750% 06/01/20280.1%
Mercer International Inc12.875% 10/01/20280.1%
Michaels Cos Inc/The9.821% 04/15/20280.1%
JOHNSTONE SUPPLY LLC0.000% 05/16/20310.1%
Ellucian Holdings Inc8.929% 10/09/20290.1%
Boeing Co/The6.388% 05/01/20310.1%
WE Soda Investments Holding PLC9.375% 02/14/20310.1%
UTEX INDUSTRIES0.000% -0.1%
Park River Holdings Inc6.750% 08/01/20290.1%
BANGL LLC0.000% 02/01/20290.1%
Newmark Group Inc7.500% 01/12/20290.1%
FXI Holdings Inc12.250% 11/15/20260.1%
Atkore Inc4.250% 06/01/20310.1%
HAMILTON PROJECTS ACQUIROR LLC0.000% 05/22/20310.1%
Vmed O2 UK Financing I PLC4.750% 07/15/20310.1%
Park River Holdings Inc5.625% 02/01/20290.1%
Macquarie Airfinance Holdings Ltd8.125% 03/30/20290.1%
Lumen Technologies Inc4.125% 04/15/20300.1%
UC HOLDINGS INC.0.000% -0.1%
eResearchTechnology Inc9.930% 02/04/20270.1%
Nova Alexandre III SAS9.202% 07/15/20290.1%
Altice France SA2.125% 02/15/20250.1%
IMA Industria Macchine Automatiche SpA7.654% 04/15/20290.1%
Lumen Technologies Inc4.125% 04/15/20290.1%
Frontier Communications Holdings LLC6.750% 05/01/20290.1%
IMA Industria Macchine Automatiche SpA7.647% 04/15/20290.1%
Aston Martin Capital Holdings Ltd10.375% 03/31/20290.0%
Coinbase Global Inc3.625% 10/01/20310.0%
Virtusa Corp7.125% 12/15/20280.0%
NESCO Holdings II Inc5.500% 04/15/20290.0%
Altice France SA2.500% 01/15/20250.0%
New Frontera Holdings LLC18.564% 07/28/20260.0%
La Doria SpA8.306% 11/12/20290.0%
Delta Topco Inc10.563% 11/30/20290.0%
Arches Buyer Inc6.125% 12/01/20280.0%
Applied Systems Inc10.559% 02/23/20320.0%
Service Properties Trust8.875% 06/15/20320.0%
UBS Group AG9.250% 05/13/21730.0%
UBS Group AG9.250% 05/13/21730.0%
SCIH Salt Holdings Inc6.625% 05/01/20290.0%
First Quantum Minerals Ltd9.375% 03/01/20290.0%
TUI Cruises GmbH6.250% 04/15/20290.0%
Elwood Energy LLC8.159% 07/05/20260.0%
Synthomer PLC7.375% 05/02/20290.0%
Fiber Bidco Spa6.125% 06/15/20310.0%
Shimao Group Holdings Ltd5.200% 01/16/20270.0%
CSC Holdings LLC4.625% 12/01/20300.0%
ACBL HLDG CORP0.000% -0.0%
New Frontera Holdings LLC7.064% 07/28/20280.0%
PARKWAY GENERATION LLC10.341% 02/18/20290.0%
CD&R Firefly Bidco PLC8.625% 04/30/20290.0%
Sprouts Farmers Market Inc0.000% -0.0%
ESC 144A HERTZ CORP0.000% 01/15/20280.0%
Mavis Tire Express Services Topco Corp6.500% 05/15/20290.0%
Great Lakes Dredge & Dock Corp5.250% 06/01/20290.0%
CHINOS INTERMEDIATE 2 LLC0.000% -0.0%
NSG Holdings LLC / NSG Holdings Inc7.750% 12/15/20250.0%
US 5YR NOTE (CBT) Sep240.000% 10/03/20240.0%
Rain CII Carbon LLC / CII Carbon Corp7.250% 04/01/20250.0%
FX USD/EUR 08/240.000% 08/20/20240.0%
Sunac China Holdings Ltd6.750% 09/30/20280.0%
Sinclair Television Group Inc9.179% 04/21/20290.0%
Sunac China Holdings Ltd7.000% 09/30/20290.0%
CHINOS INTERMEDIATE 2 LLC0.000% -0.0%
National Mentor Holdings Inc9.159% 03/02/20280.0%
US LONG BOND(CBT) Sep240.000% 09/30/20240.0%
US ULTRA BOND CBT Sep240.000% 09/30/20240.0%
Sunac China Holdings Ltd1.000% 09/30/20320.0%
Sunac China Holdings Ltd6.500% 09/30/20270.0%
CLAIRES HOLDINGS0.000% -0.0%
Groundworks LLC0.005% 03/14/20310.0%
FGI Operating Co LLC0.000% 12/31/20250.0%
Sunac China Holdings Ltd7.250% 09/30/20300.0%
Sunac China Holdings Ltd6.000% 09/30/20260.0%
Sunac China Holdings Ltd6.250% 09/30/20270.0%
Shimao Group Holdings Ltd3.450% 01/11/20310.0%
FRONTERA GENERATION0.000% -0.0%
FX CAD/USD 08/240.000% 08/09/20240.0%
Touchdown Acquirer Inc0.020% 02/21/20310.0%
Epicor Software Corp0.000% 05/23/20310.0%
Washington Mutual Bank / Debt not acquired by JPMorgan6.875% 06/15/20110.0%
FX EUR/USD 08/240.000% 08/20/20240.0%
Tonon Luxembourg SA6.500% 10/31/20240.0%
MIRABELA NICKEL LTD.1.000% 09/16/20440.0%
PERSIMMON MIDCO LLC0.000% -0.0%
FX EUR/USD 08/240.000% 08/20/20240.0%
FX USD/EUR 08/240.000% 08/20/20240.0%
FX USD/EUR 08/240.000% 08/20/20240.0%
FX USD/EUR 08/240.000% 08/20/20240.0%
FX USD/CAD 08/240.000% 08/09/20240.0%
US 2YR NOTE (CBT) Sep240.000% 10/03/20240.0%
FX USD/GBP 08/240.000% 08/30/20240.0%
US 10YR NOTE (CBT)Sep240.000% 09/30/20240.0%
LAC0.010% 06/01/2028-0.1%

Aggregate holdings are updated monthly, 30 days after month end. Aggregate holdings are presented to illustrate examples of the securities that the Fund has bought and the diversity of the areas in which the Fund may invest, and may not be representative of the Fund's current or future investments. The figures presented are as of the date shown and may change at any time.

Sector Allocationas of 06/28/2024

Sector Weighting Fund Change from Previous Quarter
Sector Weighting Fund Change from Previous Quarter
Basic Industry arrowUp0.7%
Utility arrowDown0.2%
Financial Services arrowUp0.5%
Automotive arrowDown0.3%
Insurance arrowUp0.1%
Leisure arrowDown1.3%
Telecommunications arrowUp0.2%
Retail arrowDown0.2%
Healthcare arrowUp0.5%
Services arrowDown0.8%
Real Estate arrowDown0.2%
Energy arrowUp1.0%
Media arrowDown1.6%
Transportation arrowUp0.4%
Banking arrowUp0.4%
Technology & Electronics arrowUp1.1%
Consumer Goods arrowUp0.1%
Consumer, Non-Cyclical 0.0%
Capital Goods arrowDown0.5%
Government 0.0%

Dividends & Cap Gains

Dividends & Cap Gains

Dividend Payments

Dividend Payments

For
YTD Dividends Paidas of 07/26/2024
$0.22359
Dividend Frequency
Monthly (Daily Accrual)
Record Date Ex-Dividend Date Reinvest & Payable Date Dividend Reinvest Price
Daily Daily 06/30/2024 $0.03790 $6.29
Daily Daily 05/31/2024 $0.03884 $6.28
Daily Daily 04/30/2024 $0.03868 $6.23
Daily Daily 03/31/2024 $0.03336 $6.33
Daily Daily 02/29/2024 $0.03858 $6.28
Daily Daily 01/31/2024 $0.03623 $6.30

Upcoming Dividend Payment Dates

Record Date Ex-Dividend Date Reinvest & Payable Date
Daily Daily 07/31/2024
Daily Daily 08/31/2024
Daily Daily 09/30/2024
Daily Daily 10/31/2024
Daily Daily 11/30/2024
Daily Daily 12/31/2024

Capital Gains Distributions

For
Record Date Reinvest & Payable Date Long-term Short-term * Total Reinvest Price
12/16/2021 12/17/2021 - $0.0100 $0.0100 $7.45
*

Taxed as ordinary income

Lord Abbett does not provide tax advice. It is strongly recommended that you discuss the impact of dividends and distributions with your tax advisor. 

Fees & Expenses

Fees & Expenses

Sales Charge Schedule as of 07/26/2024

  Sales Charge Dealer's Concession Prices at Breakpoint
Less than $100,000 2.25% 2.00% $6.50
$100,000 to $249,999 1.75% 1.50% $6.46
$250,000 to $499,999 1.25% 1.00% $6.43
Greater than $500,000 0.00% 1.00% $6.35

The 12b-1 trail commission is 0.15% (accrues immediately) for all fixed-income and municipal income funds.

Class A shares purchased without a sales charge (commissionable NAV) will be subject to a CDSC of 1% if they are redeemed before the first day of the month in which the one-year anniversary of the purchase falls.

For Sales Charge Reductions and Waivers View Full Disclosure

Expense Ratioas of 06/30/2024

Fund Gross Expense Ratio 0.92%
Fund Net Expense Ratio 0.92%
Adjusted Expense Ratio -

Fund Documents

Fund Documents

0Documents selected
Portfolio Holdings 1Q
Publish Date:11/03/2015
Portfolio Holdings 3Q
Publish Date:11/03/2015
Summary Prospectus
Publish Date:11/03/2015
Statutory Prospectus
Publish Date:11/03/2015
SAI
Publish Date:11/03/2015
Annual Financial Statements and Other Information *
Publish Date:11/03/2015
Semi-Annual Financial Statements and Other Information *
Publish Date:11/03/2015
Semi-Annual Tailored Shareholder Report
Publish Date:11/03/2015
Fact Sheet
Publish Date:11/03/2015
Commentary
Publish Date:11/03/2015
* includes items 7-11 of form N-CSR as required, if any.

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Minimum initial investment varies depending on the class of shares you buy and the type of account. IRAs, SIMPLEs, and SEP accounts with payroll deductions have no minimums. Please see Fund prospectuses for additional information.      

                    

1

The 30-Day Standardized Yield represents net investment income earned by a fund over a 30-day period. It is expressed as an annual percentage rate using a method of calculation adopted by the Securities and Exchange Commission (SEC). Yields for other share classes will vary.

 

2

The 30-day Standardized Subsidized yields reflect fee waivers in effect. Without such fee waivers, yields would be reduced.  

 

3

The 30-day Standardized Unsubsidized yield does not reflect fee waivers.

A Note about Risk: The Fund is subject to the general risks associated with investing in debt securities, including market, credit, liquidity, and interest rate risk. The Fund invests primarily in high-yield, lower-rated securities, sometimes called junk bonds. These securities carry increased risks of price volatility, illiquidity, and the possibility of default in the timely payment of interest and principal. The Fund may invest in foreign or emerging market securities, which may be adversely affected by economic, political, or regulatory factors and subject to currency volatility and greater liquidity risk. The Fund may invest in derivatives, which are subject to greater liquidity, leverage, and counterparty risk. These factors can affect Fund performance.

 

Performance data quoted is historical. Past performance is not indicative of future results. Current performance may be higher or lower than the performance quoted. The investment return and principal value of an investment in the Fund will fluctuate so that shares, on any given day or when redeemed, may be worth more or less than their original cost. To obtain performance data current to the most recent quarter-end, go to quarter ending performance on our Website or call Lord Abbett at (888) 522-2388.

 

 

CUSIP identifiers have been provided by CUSIP Global Services, managed on behalf of the American Bankers Association by Standard & Poor’s Financial Services, LLC, and are not for use or dissemination in a manner that would serve as a substitute for any CUSIP service. The CUSIP Database, © 2011 American Bankers Association. “CUSIP” is a registered trademark of the American Bankers Association.

 

Class A  Except as noted below, returns with sales charges reflect a maximum sales charge of 5.75% for equity funds, 2.25% for all tax-free income funds, fixed income funds and multi-asset class funds. There are also ongoing 12b-1 service fees (and, in certain cases, distribution fees).

Class A Shares purchased subject to a front-end sales charge have no contingent deferred sales charge (CDSC). However, certain purchases of Class A shares made without a front-end sales charge may be subject to a CDSC of 1% if the shares are redeemed before the first day of the month in which the one year anniversary of the purchase falls. The CDSC is not reflected in the performance with maximum sales charge.

With Sales Charge - Returns with sales charges reflect applicable fees and expenses and include all distributions reinvested.

 

Without Sales Charge - Returns shown are without sales charges and have all distributions reinvested. If a sales charge had been deducted, the results would have been lower.

 

Returns shown at less than a year reflect aggregate total returns.

 

Double-Digit Returns - instances of high double-digit returns were achieved primarily during favorable market conditions and may not be sustainable over time.   

 

The ICE BofA Merrill Lynch U.S. High Yield Constrained Index is a capitalization-weighted index of all US dollar denominated below investment grade corporate debt publicly issued in the US domestic market. Qualifying securities must have a below investment grade rating (based on an average of Moody’s, S&P and Fitch), at least 18 months to final maturity at the time of issuance, at least one year remaining term to final maturity as of the rebalancing date, a fixed coupon schedule and a minimum amount outstanding of $100 million. The index caps individual issuer at 2%. Index constituents are capitalization-weighted, based on their current amount outstanding, provided the total allocation to an individual issuer does not exceed 2%. Issuers that exceed the limit are reduced to 2% and the face value of each of their bonds is adjusted on a pro-rata basis. The face values of bonds of all other issuers that fall below the 2% cap are increased on a pro-rata basis. In the event there are fewer than 50 issuers in the Index, each is equally weighted and the face values of their respective bonds are increased or decreased on a pro-rata basis.

Source: ICE Data Indices, LLC. 

Source ICE Data Indices, LLC (“ICE”), used with permission. ICE PERMITS USE OF THE ICE BofAML INDICES AND RELATED DATA ON AN "AS IS" BASIS, MAKES NO WARRANTIES REGARDING SAME, DOES NOT GUARANTEE THE SUITABILITY, QUALITY, ACCURACY, TIMELINESS, AND/OR COMPLETENESS OF THE ICE BofAML INDICES OR ANY DATA INCLUDED IN, RELATED TO, OR DERIVED THEREFROM, ASSUMES NO LIABILITY IN CONNECTION WITH THE USE OF THE FOREGOING, AND DOES NOT SPONSOR, ENDORSE, OR RECOMMEND LORD ABBETT, OR ANY OF ITS PRODUCTS OR SERVICES.

Indexes reflect total return, unless otherwise specified, with all dividends reinvested. Indexes are unmanaged, do not reflect the deduction of fees or expenses, and are not available for direct investment.

 

The Overall Morningstar RatingTM is derived from a weighted average of the performance figures associated with a fund's three-, five-, and 10-year (as applicable) Morningstar RatingTM metrics. © Morningstar, Inc. All rights reserved. The information contained herein (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information.

 

Morningstar proprietary ratings reflect historical risk-adjusted performance. For each fund with at least a three-year history, Morningstar calculates a Morningstar RatingTM based on a Morningstar risk-adjusted return measure that accounts for variation in a fund's monthly performance (including the effects of sales charges, loads and redemption fees), placing more emphasis on downward variations and rewarding consistent performance. Load-waived ratings do not include any front-end sales charges (which are only available for certain defined contribution plans and certain mutual fund advisory programs) and should only be considered by investors who are not subject to sales loads. Not all funds with a load-waived rating may waive their front-end load. An investor should check with their advisor to determine if they are eligible to purchase the load-waived Class A share. The top 10% of the funds in an investment category receive 5 stars, 22.5% receive 4 stars, 35% receive 3 stars, the next 22.5% receive 2 stars, and the bottom 10% receive 1 star. (Each share class is counted as a fraction of one fund within this scale and rated separately, which may cause slight variations in the distribution percentages). The Overall Morningstar rating is a weighted average of funds' three-, five-, and 10-year (as applicable) ratings. Past performance is no guarantee of future results. Morningstar Rating is for the Class A share only; other classes may have different performance characteristics.

 

Lipper Category Average - Peer group averages are based on universes of funds with the same investment objectives. The average return for the peer group is based on the returns of each individual fund within the group for the period shown. This average assumes reinvestment of dividends.

 

Fund Expense Ratio Detail: Reflects expenses for the Fund's fiscal year-end and is subject to change. Fund expenses may fluctuate with market volatility. A substantial reduction in Fund assets (since its most recently completed fiscal year), whether caused by market conditions or significant redemptions or both, will likely cause total operating expenses (as a percentage of Fund assets) to become higher than those shown.

 

 

Lipper Category Average Expense Ratio reflects the average net expenses of Class A shares of all funds with in the peer group based on Lipper data available.

 

The Fund's portfolio is actively managed and portfolio characteristics, such as individual holdings and sector weightings may change significantly over time. The portfolio data is for information only. It does not constitute a recommendation or an offer for a particular security or fund, nor should it be taken as a solicitation or recommendation to buy or sell securities or other investments.  

 

Dividends and Capital Gains: The information presented in this section is intended for general information and is not intended to be relied upon and should not be relied upon, as financial, legal or tax advice for any particular investor. We strongly recommend that you contact your financial, legal or tax advisor regarding your particular tax situation.

The information presented in this section is not written or intended to be used, and cannot be used, for the purpose of avoiding any tax liabilities or penalties.

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